Eneva Shares Surge 5.66% as Ministry Revises Auction Rules

Eneva’s stock price jumped 5.66% to R$10.64 on Monday, outpacing the broader market’s 1.41% gain. This surge came after Brazil’s Ministry of Mines and Energy altered rules for an upcoming thermal power capacity reserve auction. The change allows Eneva to potentially renew contracts for its Parnaíba complex power plants, reversing a previous decision that excluded […]